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,+ <br />,,, ,, <br /> <br />increasing the level o~ congestion at this intersection. The <br />extent of the developer's participation has. been tentatively <br />set at fifty percent (50%) of the cost of a four-way signal with <br />provisions made for turning movements, pedestrian crossings and <br />for special consideration of the frontage road movements. <br />5. BLACKWELL is the successor in interest to Mission <br />Park Investors, the developer of the proposed PUD and accepts <br />said conditions and responsibilities. <br />NOW, THEREFOF~E, the parties hereto agree as follows: <br />DEVELOPER AGREES: <br />A. Developer agrees to install or finance the installation <br />of a traffic signal at the intersection of Sunol Boulevard and <br />Mission Drive prior to one year from the date of execution of <br />the subdivision agreement. <br />B. Developer agrees that in the performance of this agree- <br />ment, the determination of the City Engineer regarding detailed <br />specifications of the signal consistent with recital number 4 <br />above shall be final. <br />CITY AGREES: <br />A. CITY agrees to reimburse developer for fifty percent <br />(50/0) of the cost of the traffic signal as soon as such funding <br />is placed in the Capital Improvements budget by the City Council, <br />but in any event, in not more than five (5) years from March 25, <br />1.981. <br />/// <br />-2- <br />